EIGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.012%

Price spread now: Binance against Coinbase International+0.095%53s7-day average −0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$730.728% of the position

Long on Coinbase International Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.039%+$4 on $10k

Price spread, last 3 days (all we have)−0.103%−$10 · spread now +0.095%, 7d avg −0.040%

Together, before fees−0.064%−$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.135% dearer against Coinbase International than usual: you sell high and buy low (spread +0.095% now, against its 7-day average of −0.040%): +$14 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.5 days. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International EIGEN-PERP-INTX	0.2420	0.0200	pay 0.0025% / 1h	59m 28s	$42K	$159K	50x
Short	Binance EIGENUSDT	0.2422	0.0100	get 0.0050% / 4h	59m 28s	$8.2M	$20.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee BinancebpOrdersPrice spread, now +0.095%Rate

Funding earned: −$21
Price spread: +0.095% → −0.040%: $13.5
Slippage, 4 orders: −$52.78
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$80.28
Costs to cover: 0.728%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 18 min ago; Binance: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Coinbase International live order book, 18 min ago	7.07 bp	29.8 bp −$30	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	2.08 bp	16.6 bp −$17	40.4 bp −$404	398.4 bp −$39.8K	doesn't fit

EIGEN on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange EIGENUSD	−0.0464%	1h	0.2421	+0.054%	$821	$5K	10x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2420	−0.002%	$3K	—	5x	as long as short
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2421	+0.062%	—	$86	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+0.756%	$6	$6	5.5x	as long as short
BloFin EIGEN-USDT	+0.0081%	4h	0.2419	−0.029%	$349K	$134K	75x	as long as short
Lighter EIGEN	+0.0096%	1h	0.2425	+0.219%	$558K	$443K	5x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2422	+0.116%	$29K	$17K	3x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2421	+0.053%	$45K	$29K	5x	as long as short
Binance EIGENUSDTshort	+0.0100%	4h	0.2422	+0.095%	$8.2M	$20.0M	75x
Bybit EIGENUSDT	+0.0100%	4h	0.2422	+0.099%	$9.7M	$7.7M	50x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2423	+0.136%	$1.6M	$5.0M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2421	+0.054%	$728K	$635K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2421	+0.054%	$8.8M	$2.3M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2420	+0.012%	$2.3M	$10.6M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2421	+0.054%	$1.9M	$1.3M	75x	as long as short
BingX EIGEN-USDT	+0.0100%	4h	0.2420	+0.012%	—	$1.6M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2418	−0.084%	$201K	$127K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2418	−0.071%	$186K	$2.1M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2415	−0.194%	$36K	$236K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2423	+0.136%	$2K	$1K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2421	+0.042%	$91K	$496K	10x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2422	+0.112%	$2K	—	100x	as long as short
Coinbase International EIGEN-PERP-INTXlong	+0.0200%	1h	0.2420	long leg	$42K	$159K	50x
Hyperliquid EIGEN	+0.0491%	1h	0.2429	+0.384%	$4.8M	$1.5M	5x	as long as short
Reya EIGENRUSDPERP	+0.0513%	1h	0.2422	+0.107%	$846	—	15x	as long as short
Kraken Futures PF_EIGENUSD	+0.0678%	1h	0.2422	+0.078%	$175K	$68K	20x	as long as short